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Technical Analysis Fallacy

  • #35,981
  • Sep 1, 2012 2:31pm Sep 1, 2012 2:31pm
Quoting FXMindset
for looking some money in public mahhh...Pu se for nu ren lar...aiyoi
tien xia mei you yi gen hao nu ren liao lar..

Uncle,,ane late liao..ancua bo khun arrr ? le kai xin ti bo ta cin ho rite ? ca ca kung larrr..
You read bible or not?
God say you and partner is 1.
half no go heaven hor.
remember that.
scared?

ai ya, you got lots time, so work at it.

don't eat rice no eat vege.
balance diet hor.
what's point have lots money , and can do nothing useful?.
1st comes the purpose, then comes the means.

When have purpose, you can move mountains if you have to.

regards
  • #35,982
  • Sep 1, 2012 2:36pm Sep 1, 2012 2:36pm
Quoting fti
You read bible or not?
God say you and partner is 1.
half no go heaven hor.
remember that.
scared?

ai ya, you got lots time, so work at it.

don't eat rice no eat vege.
balance diet hor.

regards
am not read lar...am middle path
wapiank oi...ancua suddenly dont eat rice and dont eat vege,balance diet ? boi tong ler uncle,,
If there was easy money lying around,no one would be forcing it into your
  • #35,983
  • Sep 1, 2012 2:42pm Sep 1, 2012 2:42pm
Quoting fti
so sad.
but God also gave you the power make good.
so do the best you can for her.
no worry too much, God knows.

God Bless you, for things that you do for others.

regards

by the way, next week also rest week.
ECB wants try new bond program.
details tuesday.
sort of saved heli's ass, for now.
so we wait tuesday.
meanwhile only scalpers can survive the ranges.
oh no,no,fti God is the only one who has power,its just he lend some knowledge to me for a berief period of time which may facilitate one toward recovery otherwise most of the time i feel so powerless and week that its just God mercy which push me forward to do things without harming another human being.may God has mercy on me.

by the way thank u very much to you fti and N.trader for giving the voucher,hope i wont disappoint u.once more thank u very much and i am humbled with ur show of confidence.
Allah has permitted trade and has forbidden interest [koran]
  • #35,984
  • Sep 1, 2012 2:43pm Sep 1, 2012 2:43pm
Quoting FXMindset
am not read lar...am middle path
wapiank oi...ancua suddenly dont eat rice and dont eat vege,balance diet ? boi tong ler uncle,,
middle path is good
lots extreme peeps thinks they in middle.

no eat both then starve to death lor.
is the other extreme lor.

wa piank, smack head thing carefully.

regards
  • #35,985
  • Sep 1, 2012 2:50pm Sep 1, 2012 2:50pm
Quoting fti
middle path is good
lots extreme peeps thinks they in middle.

no eat both then starve to death lor.
is the other extreme lor.

wa piank, smack head thing carefully.

regards
ppl need to eat mah then wu energy for working mah ~
ni ci se yao lai ce pien cou cou arr...looking a monkeys
If there was easy money lying around,no one would be forcing it into your
  • #35,986
  • Edited 3:28pm Sep 1, 2012 2:50pm | Edited 3:28pm
Quoting drzakir123
oh no,no,fti God is the only one who has power,its just he lend some knowledge to me for a berief period of time which may facilitate one toward recovery otherwise most of the time i feel so powerless and week that its just God mercy which push me forward to do things without harming another human being.may God has mercy on me.

by the way thank u very much to you fti and N.trader for giving the voucher,hope i wont disappoint u.once more thank u very much and i am humbled with ur show of confidence.
we just humans, not perfect.
realising our imperfection already qualify ask for God's mercy.

no problem about the vouch, is nothing.
just recognise that you giving best efforts.
what you do with the vote , if it make you stand tall bring glory to your creator,God, is whats important.
Do all that you can, that God who created you feel pleased that he had created you.
Beyond that we are powerless. Can only submit to God's will.


Just my 2 cts.


God Bless.

regards.

Which brings up a point i like to stress.
Its this humility and ability submit to the powers beyond our control, that differentials good traders from making mistake of over indulgements.
Sometimes when traders have indicators , have tendency when in trouble to hand over our lives to the indicators.
This kind of failures i had seen alot.
When management is most required and stressed, is when traders cope out and leave fate to unproven powers.
I hope i articulated it correctly.
there's a time to hold them, and a time to fold them.

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  • #35,987
  • Sep 1, 2012 3:55pm Sep 1, 2012 3:55pm
Quoting wendykurnia
yes you are right N
my methodology is something else,
anyway,thank you for your comment and your advice

cheers
w
wendy,
i recognise that your MO is scalper.
is very uphill scalp against market makers because they have price spread advantage.
I like give you some thoughts which may help you.
its not rules, just structure of markets.

Good scalping times are about 1:30hrs before sectorial lunch times
these beijing times.
11am is tokyo lunch
12am is ny lunch during non daylight saving times.
daylight saving times is 1 am

after usfigs normally 8:30 non daylight savings.
refer ff calander they normally marked red.
http://www.forexfactory.com/index.php
try follow flow after the figs, not before.


regards
  • #35,988
  • Sep 1, 2012 4:01pm Sep 1, 2012 4:01pm
Quoting drzakir123
yes its so true,so much behind when one say,'we submit to the will of God' but again its a double edge sword and if one dont say it with humilty it can cut oneself so one need to be careful.
fti here is a pic of me and wife when married 8yrs ago hope u will like it.

finger licking good.

you very blessed.

regards

if you want see me my fotos are on thread :0 also have naked foto in Dutchangel/Mamood branchedoutthread.
not get too excited. that was 1 month old baby.
  • #35,989
  • Sep 1, 2012 4:15pm Sep 1, 2012 4:15pm
Quoting drzakir123
here one more
great.
i hope you read the thread slowly and think .
try relate what was said to your trading experience.

i like see you suceed well in the arena.
mostly because with the resources you can tap from markets and your expertise in medicine , it can help you be resourced help them that needs help. To help others is advantaged if well resourced. Then one can afford to help others generously.

regards

any questions you may have, just ask here.
  • #35,990
  • Edited 4:48pm Sep 1, 2012 4:25pm | Edited 4:48pm
Quoting drzakir123
marriage day
looks like a king of the day.

regards

God had blessed you well.
so different from me.
i come from generations of expert killers.
every generation was warrior. lived by duty.
And i am so thankful God allowed me move away from my training and expertise.
Since adolecence , i only kill in market place. Only willing combatants.
Clipping my flight wings was a good direction God gave me.
A chance to live a more noble life.

You are medicine man, and i much respect your profession.
More i respect your wisdom.
From what you had said, i know you know.
Lives are precious. Sufferings is a curse on humanity for our sins.
Nonetheless no one had overcome it.
  • #35,991
  • Edited 5:17pm Sep 1, 2012 5:03pm | Edited 5:17pm
Quoting drzakir123
thank u very much FTI,its very kind of u and we do need ur advice and i feel honored ur speaking to us so freely.its our culture that we respect our elders very highly and we young ppl need constant guidance of who has seen and experience the world before.
this is 2nd time i am going through ur thread 1st 200 pages,first time i cut my self quite badly with ur tools but i know its my mistake and inexperience which causes this but one learned with mistakes.this time i am going a bit slowly,few pages a day,hope this time i will come out with good...
i like.
a man who dares wear the apron.
you qualify for master chef patch.
but i need taste your cooking first.


regards

by the way , do you understand where your mistake when you cut yourself bad?
will slowly redirect you. when i spot your errs.
so you needshow me the faults.
many here are reluctant show their faults , if i cannot see i cannot redirect.
I not know how much bonus time i have left.
But i try do the best i can.

generally, i believe i spotted 1 fault you may had made.
you see
rule 1 is preservation of caital.
2 is PRESERVATION OF CAPITAL.
3 IS NOT FORGET RULE 1 & 2

never risk capital unnessarily, only foreign cap limit.
So is paramount importance have patience and build.
if one rushes or become complacent then one will be taught a lesson by the markets.
Once cap is injured, then tendency make critical mistakes recover.

So please write off your losses from mind.
start afresh and build.
what's gone is gone.
if what you do tomorrow depends on what that had passed. then the unnessary pressure will bite you again.
  • #35,992
  • Edited 5:36pm Sep 1, 2012 5:24pm | Edited 5:36pm
Quoting drzakir123
my view is slightly different,my apologies.let me explain myself.God is the master and we are fortunate to call ourself slaves of him,infact we are less than nothing,God in his boundless mercy wish us to elevate spritually by making us go through different experiences in life,some are good and some are bad and one who has come out of it with humility and patience will be at higher level of spirit and when one pass this world to the next,the one more succesful spiritually will be able to experience God in all his glory and that experience going to...
understood.
For me i am not able define(judge) God at all.
He is everything, so magnificent and works mysterios ways.
Only can learn that which Jesus had taught me about me.

in markets is same.
I used to be moving billions daily, when i was active.
Any one stood in front of it with their ego. It just eats them up.
So if God move anything i ask for guidance duck.
otherwise i know i will be washed into the tide.



nice pic. She 's a lucky woman. Also in medicine?

regards
  • #35,993
  • Edited 6:03pm Sep 1, 2012 5:41pm | Edited 6:03pm
Quoting drzakir123
oh offcourse fti,i will definatley open myself to the fullest and my aim is not only to learned better but others also who will benefit.lets begin.
preservation of capital ahh thats such a important rule i know it to my bones but consider this,when i was a kid i used to safe lot of money,always very careful but my brothers are not such and they need to have money for smokings and generally they used to take money from my saving and one nice day my elder brother took an amount of money beyond tolerable limit,just a few more pennys and next...
i see
so you have weakness keeping cool.
then you need check machanism and leverage can be very sharp knife to your detrement.
check your money management.
Have cooling barriers of reaction to situations.
And please not try scalp markets.
scalping needs very cool disposition and high pain treshhold.

instead position on wind of trend only and give time allowance before initiating countermeasures.
allow time to see clearly for advantage.

I also suggest you trade some time not using leverage at all.
then if you leverage, allow time adjust to new risk vector.

work by ratios.
you see banks had 10s billions at disposal .
we only risk small ratio of that in markets.

if ego takes over, then rogue trading happens.


regards

ok for lots peeps may be a lesson here.

you see many peeps use leverage wrongly.
and because of that they gets slaughtered.
the leverage afforded markets, is to capitalise on economise of scales.
so if lets say some one takes a 1:50 leverage.
doesn't mean that some one with 10,000 net worth can afford trade 500,000
just allows one to trade 10,000 using 200 capital.

most peeps accuracy factor is 50:50
pros can train up to about 75%
so if one has trained for accuracy then may increase risk 5 to 10 % to capitalise the advantage.
anything into double digits is sucidal.

Once one has consistency in performance, with good risk capital in books.
then once in a blue moon when opportunity conincides with convenience , one may take a punt.
if the punt successful will elevate one's ability take more risk.
but then risk still needs be capped under prudent money management.
  • #35,994
  • Edited 7:02pm Sep 1, 2012 6:06pm | Edited 7:02pm
Quoting drzakir123
exactly,but thats the conclusion i reach after a lot of soul searching and pain,no wonder i am talking about capitalisation without end all the time,and the realisation that the risk is ME and not the position.when i talk about capitalisation its on a whole different level encompassing everthing about trading and i know u understand what i mean.


oh yea,i told my wife,that she is lucky for having me as her husband but she dont agree,she very sharp and headstrong as well and said i am the lucky one,which i instantly agree with her,as u know...
: ) my friend, its a two way street.
you both lucky have each other .
but of course everyone like have the upper hand and the last word.

if her logic ever overrides her emotions, you in big trouble, my friend.
so count that as blessing is good.
no?
love,affection, its never logical.
once logic takes over, love leaves.

Is same as respect.
In family setting , respect thrives.
If law or system directs, then arnachy steps in. if unlucky , gets rebellion.

so you, very smart man.
keeps love alive.

regards

kindness , most peeps consider it stupidity.
why do you think society is so unkind.
no one wants feel stupid.
logically is correct.
then they ask where the humanities?
some my friends , they laughing at me.
"why you giving this to peeps? gone crazy?
i need even need pay thru my nose for bolt and nuts.
You watch out, they'll play you out."
Just read the thread, you'll understand.

Is there any logic , why God give us rain and sunlight daily?
Logically we should be receiving a bill.
and all God ask for is , love thy God, your creator with all your heart and all your soul.

I felt so sad for one here ,
asked me "why should i worship God.
What has he ever done for me?"
If only he knew the truth.
maybe living just 1 day without gravity , and we may understand.
or just 1 day without air flow.
  • #35,995
  • Sep 1, 2012 7:37pm Sep 1, 2012 7:37pm
Quoting drzakir123
she is the best thing happen to me,and most of the time she is right and i am wrong,she is very sensible and hard working and a wonderful mother to our kids.below is the pik i like most,this was taken next day of our marriage following breakfast.
oh. nice.
can tell, both smiling.
ai ya where my brains going.
now we know

now maybe N trader is not going show us nice honeymoon fotos.
ai ya naughty me.


regards
Attached Image
  • #35,996
  • Sep 1, 2012 8:15pm Sep 1, 2012 8:15pm
Quoting drzakir123
ur wise and as always ur so right.ok fti and all i have to go and sleep now otherwise tomorrow it will be terrible and also i have to think over what fti has said and may be prepared for more questions to him,a bit more intelligent questions.fti i will assure u,u will find, i am a good student,its just someone need to hold my finger gently while teaching,may God has mercy on us all.bye
goodnite

regards
  • #35,997
  • Edited 12:26am Sep 2, 2012 12:05am | Edited 12:26am
hi Fti,

i have been reading this thread twice (1-200)

i'm still can't grasp about the attack or rescue sequence for junior level.
attack 1-3-3 [i'm using 1-1-2-3] 3 if necessary.
rescue 1-2-3.
(but i read in your conversation between you n leigh) 1-5 for junior level i'm still not comfortable with this sequence.
Can you elaborate more about the rescue sequence ??

if you don't mind can you review my chart
in green area [right] waiting for the next wave usually i will attack level 2 when i can baby sit.
for attack lvl 1 before it turn i closed with +11, i'm waiting for the next wave to ride
but then i can't attack with lvl 2 of my sequence.
Am i closing lvl to quick or enter lvl 2 to long?

http://img191.imageshack.us/img191/8194/3108auc.gif

anyone who can give me input i'm really appreciate it.
i hope i articulate clearly.


Regard
  • #35,998
  • Sep 2, 2012 12:16am Sep 2, 2012 12:16am
Quoting drzakir123
thank u very much FTI,its very kind of u and we do need ur advice and i feel honored ur speaking to us so freely.its our culture that we respect our elders very highly and we young ppl need constant guidance of who has seen and experience the world before.
this is 2nd time i am going through ur thread 1st 200 pages,first time i cut my self quite badly with ur tools but i know its my mistake and inexperience which causes this but one learned with mistakes.this time i am going a bit slowly,few pages a day,hope this time i will come out with good performance.
yes...

hi DR
a man who dares wear the apron.

I really very,, very,, very... appreciate it
it's called emancipation
ho, ho,, ho,,,
i really mean it
w
  • #35,999
  • Sep 2, 2012 12:21am Sep 2, 2012 12:21am
Hi FTI, Hi everyone,

I would like to thank you very much for sharing your knowledge with us. And for taking the time to babysit us. Since I first read this thread (back in 2009) my mindset has changed about trading and Technical Analysis and more or so about life. I was not able to dance back then because I was not able to execute the MO and MM I wanted. But since my broker has offered me smaller lots I'm on the road again. I have read this thread 4-5 times (pages 1-200 ), I have read the TAF Lounge and I've been through most of the TAF Family's Journals. Thank you again and thank you everyone that has contributed to this family.

I would like to thank Eddy as well. I saw his Journal by accident and it helped me decode some of the teachings by the master. He is a great guy and I really appreciate the help he is giving me. Thank you Eddy.

FTI, Thank you very much for the vouch but I really don't know if I deserve it. It is really a pleasure having your name on my list. As soon as I have the ability to vouch surely the first two will go to you and Eddy.

Wish you Health and Wealth
Best Regards,
Eiman
  • #36,000
  • Sep 2, 2012 12:21am Sep 2, 2012 12:21am
Quoting fti
wendy,
i recognise that your MO is scalper.
is very uphill scalp against market makers because they have price spread advantage.
I like give you some thoughts which may help you.
its not rules, just structure of markets.

Good scalping times are about 1:30hrs before sectorial lunch times
these beijing times.
11am is tokyo lunch
12am is ny lunch during non daylight saving times.
daylight saving times is 1 am

after usfigs normally 8:30 non daylight savings.
refer ff calander they normally marked red.
http://www.forexfactory.com/index.php
try...
thank you very much for the guidance !!

for you chief fti
I hope the state of your condition gets better and better every day
and day by day

bye bye all
tomorrow I go for vacation for 10 days and no internet
hope all of you have a good trade

cheers
w


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